Dec 12, 2012 10:00am PST
of us. megyn: a controversial report. google is accused of avoiding $2 billion in income taxes in 2011 by moving -- by sifting $9.8 billion into scene offshore shell company in bermuda. now people are questioning barack obama relationship with a google executive. joining me now, stuart varney. thank you for being here. wait a minute. ex ceo snow, the google chairman. >> reporter: he is the executive chairman now. for 10 years he was the chief executive officer. he ran google. during his running of google google parked this $9.8 billion in bermuda, thereby avoiding the heavy tax that would have had to have been paid -- if $10 billion had been brought back to america. megyn: is that legal? >> reporter: it's perfectly legal and some would say that's the responsibility of google and eric smith. megyn: so who cares, i know everybody wants everybody to pay more taxes. >> reporter: it may be a case of hypocrisy. we have eric smith at google deliberately avoiding a high tax which the president he supports pushes on american corporations. megyn: he doesn't have to support him in every piece of
Dec 7, 2012 7:00am PST
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